Ryder EVP Fatovic sells 10,000 shares after option exercise

Ryder System Inc EVP, CLO & Corporate Secretary Robert D. Fatovic reported multiple transactions in Ryder common stock on February 17, 2026.

Rhea-AI Filing Summary

Ryder System Inc EVP, CLO & Corporate Secretary Robert D. Fatovic reported multiple transactions in Ryder common stock on February 17, 2026. He exercised stock options for 10,000 shares, receiving 10,000 shares of common stock at $76.49 per share. He then sold 9,251 shares at $217.07 and 749 shares at $217.92 in open-market transactions, based on weighted average prices within stated ranges. After these trades, he directly owned 93,737 shares and indirectly held 1,819 shares through the Ryder Employee Savings Plan and 391 shares through the Ryder Deferred Compensation Plan.

Insider Trade Summary

Exercise and Sale: 10,000 shares ($1.41M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Fatovic Robert D

Role EVP, CLO & Corp. Secretary

Sold 10,000 shs ($2.17M)

Approx. gross sale proceeds $2.17M

Approx. exercise cost $765K

Approx. pre-tax spread $1.41M

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	10,000	$0.00	$0.00
Exercise	common stock	10,000	$76.49	$765K
Sale	common stock	9,251	$217.07	$2.01M
Sale	common stock	749	$217.92	$163K
holding	common stock	--	--	--
holding	common stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 11,640 contracts (Direct); common stock — 93,737 shares (Direct); common stock — 1,819 shares (Indirect, By Ryder Employee Savings Plan); common stock — 391 shares (Indirect, By Ryder Deferred Compensation Plan)

Footnotes (3)

1. F1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $216.64 to $217.59. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
2. F2. This reflects the weighted average price at which the shares were sold. The sale price ranged from $217.70 to $218.11. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
3. F3. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020.

FAQ

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What did Ryder (R) executive Robert D. Fatovic report in this Form 4?

Robert D. Fatovic reported exercising options for 10,000 Ryder shares and selling 10,000 shares in open-market trades. The filing details exercise and sale prices, along with his updated direct and indirect share ownership positions after these transactions.

How many Ryder (R) shares did Robert D. Fatovic sell and at what prices?

He sold 9,251 Ryder common shares at $217.07 and 749 shares at $217.92, both as open-market transactions. Footnotes state these are weighted average prices across trade ranges, with detailed price breakdowns available upon request from the reporting person.

What stock option activity did Ryder (R) EVP Fatovic disclose?

He disclosed exercising stock options covering 10,000 Ryder shares, resulting in acquisition of 10,000 common shares at $76.49 per share. A footnote explains the options vested in three equal installments on February 10, 2018, February 10, 2019, and February 10, 2020.

What is Robert D. Fatovic’s Ryder (R) share ownership after these transactions?

After the reported transactions, he directly owned 93,737 Ryder common shares. He also indirectly held 1,819 shares through the Ryder Employee Savings Plan and 391 shares through the Ryder Deferred Compensation Plan, reflecting plan-related holdings separate from his direct ownership.

How are the sale prices in Robert D. Fatovic’s Ryder (R) trades characterized?

The reported sale prices are weighted averages for grouped trades. One group ranged from $216.64 to $217.59, and another from $217.70 to $218.11. The reporting person offers full breakdowns of shares sold at each exact price upon request.

What role does Robert D. Fatovic hold at Ryder (R)?

He serves as Executive Vice President, Chief Legal Officer, and Corporate Secretary of Ryder System Inc. His Form 4 filing reflects equity-related transactions by a senior officer, including option exercises, open-market sales, and updated direct and indirect share ownership levels.

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Accepted by SEC EDGAR 02/18/2026 - 06:49 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fatovic Robert D

(Last) (First) (Middle)

2333 PONCE DE LEON BLVD.

SUITE 700

(Street)

CORAL GABLES FL 33134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RYDER SYSTEM INC [ R ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CLO & Corp. Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common stock	02/17/2026		M		10,000	A	$76.49	103,737	D
common stock	02/17/2026		S		9,251	D	$217.07(1)	94,486	D
common stock	02/17/2026		S		749	D	$217.92(2)	93,737	D
common stock								1,819	I	By Ryder Employee Savings Plan
common stock								391	I	By Ryder Deferred Compensation Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$76.49	02/17/2026		M			10,000	(3)	02/09/2027	common stock	10,000	$0	11,640	D

Explanation of Responses:

1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $216.64 to $217.59. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

2. This reflects the weighted average price at which the shares were sold. The sale price ranged from $217.70 to $218.11. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

3. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020.

Remarks:

	/s/ Robert D. Fatovic	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.